NAIROBI, March 6 (Reuters) - Kenya's shilling weakened to a new all-time low on Monday, undermined by
sustained dollar demand from the energy and manufacturing
sectors while there were little foreign-currency inflows from
remittances and exports, traders said.
At 0709 GMT, commercial banks quoted the shilling at a
record low of 128.10/30 per U.S. dollar, compared with Friday's
close of 127.50/70.
(Reporting by George Obulutsa
Editing by Alexander Winning)
george.obulutsa.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.